March 2015 - Cathay finalises acquisition of Euroresins from Royal DSM (02 March 2015)

Cathay Investments Limited, today announces it has finalised the acquisition of Euroresins from Royal DSM. The acquisition was announced on 23 December 2014.

Euroresins is a distributor of products to the composite resins industry with activities in nine countries in Europe, including the United Kingdom, Italy and France. Euroresins realises sales of approximately €90 million with around 70 employees.

Cathay Investments is the UK holding company for a group of companies engaged in chemical distribution and trading. Cathay's principal trading business is Cathay Composites, which distributes glass fiber, resins and other composite materials throughout the UK and Scandinavia. Cathay Investments also has companies engaged in chemical trading and medical supplies.